Japan productivity problem holds back economic growth
Japan has invested heavily in capital and its workforce is highly educated, but productivity is low
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In this article
- Investment high but inefficient
- Total factor productivity is key
- TFP slows
- Importance of ICT
- Higher-capital quality
- Lagging service industries
- Abenomics 2.0
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_350.jpg "An employee of the Tokyo Stock Exchange (Reuters/Kim Kyung-Hoon)")